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on technical aspects of energy in the book and to read the will manuscript to check on scientific details of it. this is an appropriate day for talking about "regulating to disaster" because president obama promised once more to develop the energy sources of the future. when any administration, republican or democrat decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is the question of industrial policy, whether government should support business ventures in new technologies that are unable to secure private funding. government appears to be worse at this than private markets from the records we have over the past five years. in contrast in a speech in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company it makes it harder for solar technology generally because the other entrepreneurs in the solar field suddenly lost their opportunity to get capital. who wants to put money into a sol
attention on energy drinks. why there's so much concern about this popular brand. >> felony pleas, and the gulf oil spill and the one big issue still one resolved. >> and in weather, showers approaching our cost line, our live storm tracker two. and when the heaviest rain moves in for the upcoming weekend. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. >> two people escaped unhurt from a fire in san francisco's triangle. this morning. crews got to the 6-unit complex on noah street near henry street. firefighters say that the fire might have star
drinks to avoid f.d.a. oversight. we've called on the agency to regulate energy drinks that have caffeine levels well above the 71 milligrams per 12-ounce threshold in soft drinks. today senator blumenthal and i asked the f.d.a. commissioner to meet with us to personally meet with us after thanksgiving to discuss the steps the f.d.a. is taking to ensure the safety of energy drinks. every other week we're seeing mounting evidence that energy drinks pose safety risks. you learn about young people hospitalized or seriously hurt after consuming what are marketed as little energy pick pick-me-ups. we look forward to working with commissioner hamburg to protect our children and to protect everyone in america from these die tear supplements, whether it is 5-hour energy or the monster energy drink which led to the death of this 14-year-old girl in maryland. mr. president, it's been many years since came to this floor and argued about dietary supplements. we all know what's involved here. i always preface my remarks by saying when i got up this morning i took my vitamin, i took my fish oi
customers are urged to contact the company for a free repair. >>> if you want energy drinks over coffee in the morning you may want to think twice. fda received reports of 13 deaths over four years in with it person who used 5 hour energy drink last month five death reports mentioned the use of monster energy drink. stay with abc7 morning news coming up, katie marzullo will tell us how ucf if and the san francisco city attorney are getting involved. >>> anyone who hosts thanksgiving dinner knows how much work is involved. a good store bought stuffing can relieve some of the stress in the kitchen. michael finney has a taste test. >> reporter: good morning the stuffing has got to taste good consumer reports tests find not all store bought ones do. moist, perfectly browned turkey is a must on thanksgiving. still isn't complete without a delicious stuffing. preparing a holiday dinner from scratch, is a lot of work. can you wow your guests with a store bought stuffing? consumer reports tested 11 to see if you could cut a few corners and still get tasty results. testers looked at ones from st
investment from the private sector. we have great resources common knowledge, and expertise in energy. in energy we have created 1 billion pounds for capture in storage, one of the key technologies of the future. we created the world's first green investment bank. we're pioneering a new incentive for heat systems in people's homes, and we are putting in place a robust financial framework to incentivize renewable electricity. as a result, more than 12 billion pounds has been committed to into renewable projects in the u.k. and the past 18 months alone with the potential to support around 20,000 new jobs. we've also created new incentives to squeeze more oil and gas out of the north sea, including from the marginal fields. when we see opportunity, we must go for it. look at the way we of got behind tech city right here in london. two years ago there were around 200 digital companies. today there are 1200. with major tech companies like amazon and facebook setting up developer centers, this is now becoming the fastest-growing technology cluster anywhere in the world. we will be publishin
. >>> international energy agency leaders have lowered their growth forecast for nuclear power generation. some governments are starting to reduce their reliance on the energy source. last year's iea report stated nuclear power generation could grow by 70% from 2010 levels, but this year the organization expects 58% growth by 2035. agency officials say last year's accident at japan's fukushima daiichi power plant is a factor for germany and switzerland's reducing independence on atomic energy. they also expect power generation from renewable sources like wind and solar to increase to about one-third of the world's total out put by 2035. >>> countries that catch blue fin tuna are trying to determine how much is too much. they're meeting in morocco to set quotas for this endangered fish. japanese consume 80% of the global catch. they eve watched stocks bounce back. they're wondering if it's time to cast their nets wider again. nhk world's virginie pinon reports. >> reporter: this is the main fishing port in the country where tuna is exported to japan. it's here that the future of the tuna stock w
called black elk energy operates that rig. reports are that a worker may have cut a line with a settling torch. four people have been rushed to the hospital, two are reportedly still missing. so far we have no reports of oil actually leaking into the gulf. >>> meanwhile, also breaking right now, the u.n. nuclear agency says iran is about to double output of higher enriched uranium. now that is a material that can easily be turned, we're told, into a nuclear warhead. sharon epperson is following the oil impact on both of those breaking stories. sharon, over to you. >> brent crude prices are higher as well as wti but you may expect that they would have been even higher based on the news that we're hearing. we do see brent crude futures above $108 a barrel and wti futures near the $87 mark. we are seeing a continuation of pretty big spread though between these two contracts. traders here on the floor are telling me that's what lets you know it is what is happening in the middle east, it is the iran report, it is also what we are seeing in terms of the oil rig on the gulf that's lifting the
charged three more people over the deep water horizon accident. this from environment and energy news. the justice department charged three workers involved in the deepwater horizon with various criminal violations. dd go down to amarillo, texas, merlin is waiting on the independent line. you're on the "washington journal." caller: i was just wondering how much b.p. has actually made cleaning up the spill? host: not a stat i have for you right now, merlin. i can tell you b.p. was reporting profits in the fourth quarter of 2010 after the spill occurred. profits of about $5.5 billion. the spill occurred in the summer of that year. this according to b.p.'s website. in the third quarter of 2010, b.p.'s profits were about $5 billion. in the fourth quarter of 2011, $7.6 billion in profits. caller: does anybody think that they might have did it on purpose? host: why would you think that, merlin? caller: well, because i heard that the night right before the spill they pulled out their stocks in a lot of, you know, some of the money that they had out there, they pulled out -- host: where are y
. the 5-hour energy drink is possibly being linked to 13 deaths over the course of 4 years. details on where the investigation stands next. ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. >>> if you're drinking those 5-hour energy drinks, you should know the fda is now investigating 13 deaths reported as adverse events after drinking the supplements. it is not known whether they caused the deaths. the company has responded to the reports saying it's, quote, unaware of any deaths caused by the consumption of 5-hour energy. end quote. >>> astronaut rich clifford had been on two missions in to space when he was diagnosed with a degenerative brain disease. dr. sanjay gupta says that didn't stop him from flying again. >> reporter: for most of us, this view is the closest we'll ever get to outer space. but it's this view that astronaut rich clifford had three times. >> and liftoff. >> reporter: when he blasted in to space in 1992, on "every dever" in 1994 and "atlantis"
those 5-hour energy drinks, you should know the fda is now investigating 13 deaths reported as adverse events after drinking the supplements. it is not known whether they caused the deaths. the company has responded to the reports saying it's, quote, unaware of any deaths caused by the consumption of 5-hour energy. end quote. >>> astronaut rich clifford had been on two missions in to space when he was diagnosed with a degenerative brain disease. dr. sanjay gupta says that didn't stop him from flying again. >> reporter: for most of us, this view is the closest we'll ever get to outer space. but it's this view that astronaut rich clifford had three times. >> and liftoff. >> reporter: when he blasted in to space in 1992, on "every dever" in 1994 and "atlantis" in 1996. as he flew the last shuttle mission on the way to the space station, clifford was carrying a secret. he had recently been diagnosed with parkinson's disease. >> i didn't really have any symptoms than the right arm didn't swing naturally when i walked. >> reporter: he had a clean bill of health but telling the doctor that hi
out now that blackout energy, this is an oil and gas company based in houston, texas, confirming to fox that an explosion did happen on the company's rig in the gulf of mexico. the black elk is investigating the cause of a fire but would not confirm any details on the location, time of the explosion or any fatalities that may have occurred. the company working with the u.s. coast guard to put the fire out and find out more information. more information will come out this afternoon at 3:00 central time but this was off of the southern coast of louisiana. meantime jamie dimon has company working with the government on a settlement over how they manage mortgage-backed securities. charlie gasparino will bring you the latest. does the twinkie go bye-bye? and the ding dong? don't forget yodels? is it over or not? dennis kneale is here to tell you what happened to those important recipes. take a look at the treasury market and bob was talking about prices were up and meals down again today. would you buy a rush to save the? are these save? not so fast but that is where the tenure is rig
this morning's money report. >> reporter: good morning. dramatic reversal on oil, international energy agency predicts u.s. will be the world's top oil producer in five years all but self-sufficient in energy in 20 years, major reason increased production of shale oil we are doing better with keeping up with mortgage payments. percentage of those two months or more behind is now the lowest in more than three years. top british journal says no evidence tamiflu works. dozens of governments around the world stopped it in case there's another global flu outbreak world health organization is convinced it works the journal >>> beautiful picture from the sutro tower. high clouds and sun warmer weather on the way. >>> chevron has found a way to get around costly clean air requirements. the plant was damaged in august by a fire that sent a black cloud into the air several thousand sought medical attention. chevron has told the air quality management district it intends to repair not replace the damaged unit that means they will not be required to install new equipment chevron says it will voluntarily
-based black elk energy confirmed the blast occurred on their platform. the fire is now contained. they say they are using helicopters and boats to search for two people who are now missing. this blast comes a day after oil giant b.p. agreed to felony charges and record $4.5 billion settlement for the 2010 deep water horizon disaster. phil is live in south florida with more. what is the latest? phil: the search officially is continuing for those two workers. 11 of the workers that were taken by helicopter are being treated. several of them for very serious burns. the location of this oil-producing platform is 25 miles east, southeast, of grand isle, louisiana. according to investigators, the cause of the fire appeared to be workers doing maintenance and cutting pipe on the platform. oil was spilled and it sparked the fire. the oil spill in the gulf of mexico is minimal it is believed. >> the platform was confirmed shut before they started work so it was in non-production lot form at the time. phil: a lot differences between this and 2 1/2 years ago, the b.p. deep water horizon, an explorato
isle. houston-based black elk energy confirmed all of this. hospital officials in new orleans saying they're treating four workers who are in critical condition with second and third degree burns over much of their bodies. the coast guard reports using helicopters and boats now to try to find the workers who were still missing. this comes just one day after oil giant bp agreed to felony charges and a record $4.5 billion settlement for the 2010 deep water horizon disaster. phil keating with the news live from south florida now. what triggered today's fire? >> it appears to be a maintenance crew using a blade saw to cut some pipe. that shot spark noose some spilled oil. thus causing the fire and causing some serious consequences. this all happened about 25 miles southeast of grand isle, louisiana. the fire only burned for about an hour and a half. so the platform itself is not believed to be in danger of collapsing as did bp's deep water horizon rig 2 1/2 years ago. black he will o'clock energy sent this showing the section of pipe being cut when the fire started. >> the oil, the platf
energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> well you heard it from warren buffett, taxes are going up on the rich. but is that going to be enough to tackle the debt? the math just doesn't add up. allowing the tax cuts to expire for everyone, unpalatable and as unpopular as that would be, would show growth in the short-term.
of those popular energy drinks. >>> a lot of us waking up to temperatures below freezing right now. a look at whether the cold is >>> looking at the stories making headlines right now at 5:30. the deadly attack of a u.s. consulate in libya. >>> a prince george's sheriff's deputy on leave this morning after shooting a man in riverdale. >> today is your first chance to plan to close as many as 20 d.c. schools. much more throughout the morning. first, good morning to you. i'm eun yang. >>> welcome back on this thursday, november 15th. it's going to be hard to peel the blanket off this morning. >> so hard. >> and bundle up when you get outside. >> here's tom kierein with your forecast. tom, good morning. >> grab the winter coat. temperatures around the region are in the mid and upper stheur30s. on the bay it's in the low 40s. here's your hour-by-hour forecast. 7:00 a.m., temperatures mid-30s. a lot of cloudiness. cloudiness through noon time. during the afternoon, sunshine breaking out. temperatures around 50 degrees. sunrise, 6:51. sunset, 4:54. hometown forecast in 10 minutes. a look at traf
will drive calf too, that's where the energy needs to be put. that's where the biggest bang for the buck will be in the business because, remember, as we looked at these more than minor changes in the financials of the telephone companies across the country, it was so important that we do these two things coi understand didn'tly. -- coincidentally. we got out of sync, one down efficiently and fast. we just have to work the usf thing, and it's about the consumer. >> host: jeff gardner, president and ceo of the windstream corporation. he is also chairman this year of the u.s. telecom trade association. he's been our guest on "the communicators" along with paul barbagallo of bloomberg. gentlemen, thank you. >> guest: thank you.Ñsr >> next, the interim america dialogue discusses the results of the november 6th elections and implications for latin america. panelists discuss the prospects for change with the obama add enrings' policies involving immigration, trade, drug policy, and economic cooperation. this is about an hour and ten minutes. >> this morning, we're going to have a conversation
investment in energy policy not just energy politics. >> the senator was in florida for a birthday celebration and he talked on the presidential campaigns. if you missed his speech it's available at journal@cspan.org. other headlines from the chicago tribune. 25 years after the death of harold washington. are black chicagoans better off? this from the baltimore sun. something we're seeing a lot more of in major metropolitan areas. fast money. cameras are plentiful and profitable but are they accurate and reliable. baltimore sun. the richmond times focuses on the international story is expanding air strikes and hamas levelled in ga savment back to policy issues whether or not medicare and medicaid in social security should be all part of the discussion in terms of bringing down the nation's debt. bob. north carolina good morning. republican line. caller: good morning. i would like to point out whenever somebody you know suggests privatizeing the social security system. demonize this push and go people in wheelchairs over a cliff. and in fact, in galveston where they opted out they'r
at the refinery is set for tomorrow morning in san francisco. >>> the head of a houston based energy company who's oil platform in the gulf of mexico exploded last week today spoke publicly about the two workers killed in that blast. the explosion happened friday at a black elk energy platform. 11 people were injured. four seriously. two workers jumped from the burning rig in the water. one of the bodies was located yesterday. >> i'm deeply saddened to say that we have identified one body under the platform. that body has not been recovered yet. we're working in coordination with the u.s. coast guard so that we can respectfully and most efficiently recover the body. >> that ceo today vowed to continue severalling for the second -- continue searching for the second worker's body. >>> larksburg native laporte- oshiro is receiving a scholarship to oxford. >>> ktvu's ken pritchett reports this year there's a new twist. referee: - - >> this year the cones have moved from the left to right. but not everything has changed. the turkey counter reu mains. >> everything is smaller, we have no storage -- t
our energy policy. we fix problems, we don't complain about them. everybody started coming around -- that's right, we need to start doing that. we had a one-pager about how to address the immigration problem. one page. we went to the floor of the convention, and i will tell you about the texas convention. the largest gathering of conservatives in the nation break 8000 delegates at this convention. we started walking onto the floor, and all of a sudden i see "no amnesty" stickers, and i thought we would have a nice little debate. wrong. little did i note that it was on. they called us every name in the book. we had religious conservatives testify for us. we had this the reputed dr. phil session -- therapeutic doctor full session in the subcommittee. five times they attacked our platform. specifically our one-pager. it opened a lot of people's eyes the conservatives really do understand this problem. i believe the vocal minority and has hijacked this issue and they got us all fighting and they have done that on purpose, to make of that nothing happens -- make sure nothing happens. w
-breaking triplets. >> a word of caution about a highly caffeinated energy shot. they are investigating the popular energy drink. find out why at 6:00. virginia tech and the university of virginia, at two dick schools with an even bigger rival rick perry >> there are competing -- two at big schools that are competing against each other in a bitter rivalry. >> two schools known for backing men and women in uniform. they want to be known for supporting men and women in a different type of uniform. >> we both have alumni involved in the military. what better way to try to increase participation by playing on that competitive element. >> virginia tech and uva alumni are teaming up to see which school can collect the most books for the united for a reading program. they send a books overseas. once there, trades are able to record themselves reading a book to their children. -- troops are able to record themselves reading a book to their children. >> goodnight, guys. >> we have heard from some families that say their son will wake up and have breakfast with that on television and read a book along with t
possible by constellation energy group] wbal-tv 11 news at 5:00 continues. >> a virginia attorney is claiming victory after taking the state of maryland to court. the state ordered michael perry to stop charging what it considered illegal up front fees for loan modification. >> he claimed the baltimore city judge ruling proves the state was wrong. what this decision mean? barry simms has a follow-up. >> we first told you about the state action against the attorney and his company in may. perry was adamant they wrongfully ordered him to stop what he was doing. now he claims the judge's decision vindicates him. when the signs appeared on various street corners in baltimore, they sparked our interest. the state also took notice. >> they were misleading offering 2% loan modifications guaranteed. >> nobody likes the signs. >> the department of licensing and regulations issued a cease and desist order and find the attorney and his company nearly half a million dollars. they claimed the business was unlicensed and charge an up- front fees of at least $1,500 before rendering any services.
. the international atomic energy agency says in a report to the country is ready to double the output at a facility that enriches uranium this plant is buried deep under a mountain inside of a military base in iranian leaders insisted that the program is more peaceful. two people remain missing and several others are badly injured after an oil platform in the gulf of mexico oil exploded this morning, they were welding a pipe when fire ignited 11 workers or injured and four suffered severe burns and were airlifted to new orleans the coast guard said there appeared to be little risk of any major oils billings like the one that ruptured the bp well in 2008. this oil platform was operated by black elk energy. president barack obama in the republican and democratic lawmakers expressed confidence they can avoid the so-called fiscal cliff this worst-case scenario means that tax hikes would automatically go into effect by the end of the year of the deal isn't reached the party leaders met at the white house for about one hour, president barack obama and house speaker john painter didn't try to work out th
cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. ♪... ♪... ♪... choose the perfect hotel >>> more heads are rolling at the bbc. the director general resigned over the weekend, and today the head of the news division has stepped aside at the bbc. this latest resignation came after a politician was falsely accused of a sex abuse scandal at the network. not the only skamdz. the former kids tv host who died last year has since been accused of being a pedophile. the network is said to be getting their reputation back. mark thompson used to run the bbc and now works for the "new york times". >> like many people i'm very saddened by repeat events at the bbc, but i believe the bbc is the world's greatest broadcaster and no doubt it will once again regain the public's trust both in the u.k. and around the world. it's a very important institution, a
wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. ♪... ♪... ♪... choose the perfect hotel >>> more heads are rolling at the bbc. the director general resigned over the weekend, and today the head of the news division has stepped aside at the bbc. this latest resignation came after a politician was falsely accused of a sex abuse scandal at the network. not the only skamdz. the former kids tv host who died last year has since been accused of being a pedophile. the network is said to be getting their reputation back. mark thompson used to run the bbc and now works for the "new york times". >> like many people i'm very saddened by repeat events at the bbc, but i believe the bbc is the world's greatest broadcaster and no doubt it will once again regain the public's trust both in the u.k. and around the world. it's a very important institution, and i think it's full of people with great talent. >> dan rir
, the energy industry. all of which has constituencies behind them and are difficult to address. >> part of the president's answer to that is to not make the distinction between the corporate and the unincorporated business and raise taxes on what one of the speakers described as passed through entities. large partnerships. and that might have otherwise been corporations. >> i think there is no doubt that the corporate income tax in particular is a rickety structure in need of reform. coming about because we are in a world in which capital is increasingly mobile but we have this boundary around the corporate income tax in based on a national boundary and there is just tension contained in that phenomenon. there is dramatically different perspectives about where to move. the republican party seems much more interested in a territorial system where you get past on the profits that accrue in the united states. democrats are worried that creates even larger incentives for transfer pricing and for locating your profits overseas. and thereby escaping that tax. that is a fundamental divide. in
to broker a contract for $4 billion energy facility with senior officials of the south korean government. according to new york businessman, adam victor. >> ms. kelley made it clear to me that general petraeus put her in -- in this position. and that's why she was able to have access to such senior levels that they were essentially doing a favor for general petraeus. >> reporter: the new york businessman broke off dealing with kelley when she asked for an $80 million commission. no immediate comment from kel y kelley. a source said he had nothing to do with jill kelley's deal and had asked her to stop throwing his name around. brian ross, abc news, new york. >> apparently she was throwing it around. the name that is. >> careful. careful -- the company you keep. and also, one of the big issues here exactly what the administration knew. the white house response to benghazi was clumsy. and petraeus reportedly said, he never gave any talking points at all to susan rice the u.s. ambassador. and, i'm sorry, the u.n. ambassador for the u.s. and says he almost knew immediately this was a terror
is a critical time period. >> reporter: the rig's owner, houston-based black elk energy said yesterday a worker cutting a pipe ignited vapors from oil still in the system setting off the explosion. the couple said the worker used a cutting torch. today the contractor doing the maintenance work, grand isle shipyard said there is no torch and called that account completely inaccurate. one of the things federal strangers will be looking into is why there was still oil in the pipe that was being cut. oil should have been purged from the system when it was first shut down. this platform is 80 miles away from b.p.'s deepwater horizon, which exploded in 2010, leaking five million barrels of oil into the gulf. unlike deepwater horizon, which was a mile deep, this rig was in shallow water, just 56 feet, and since it was not producing oil, there was only a small leak of about 28 gallons. the c.e.o. of the company which owns the platform toured the site with investigators. he says while his main concern remains the victims, the company still plans to eventually bring that platform back online. margaret. >
that are important for queer communities -- the energy that we are putting around marriage equality issue. >> this is an important question. issues of employment discrimination are critically important. even things like health care disparity, if you will, the reality of where lbgt people are, it is not quite clear and it doesn't bubble up to what is being talked about right now. because marriage equality had been at the forefront. and i do think in some ways, it is why the national gays and lesbians have spent so much time trying to broaden this to make sure that transgendered people in those issues are included in all the work that we do. it is widely thought very hard to make sure that gender identity is included in the employment nondiscrimination act. because we could go the other way with incremental progress with his progress. but we would've left out a whole swath of the community. folks who have greater experiences of discrimination, violence is still an issue. we forget that people are still being violently attacked because of who they are and because of who they love. i think a
about opportunities in the areas of trade and energy and other global affairs that really should be taken advantage of by the united states moving forward. but we have to -- we emphasize as well there are three issues that were on an old agenda that had not been resolved and stood in the way of more productive relationship between the u.s. and latin america. these issues were drugs, cuba, and immigration. the first two issues were important at the summit of the americas. the report was released right before the summit of the americas. the first two issues were raised at the summit. the presidents get a mandate to the american states to study the drug issue and the president made it clear there would not be another summit or unlikely another summit unless there was cuban participation in the summit. those issues certain were prominent. i think the election results had interesting implications for all three of these. perhaps the most important is the last one, immigration, which was not on the summit agenda. i think it has raised some expectations that this may be a real opportunit
of the inter-american dialogue, and we talked about opportunities in the areas of trade and energy and other global affairs that really should be taken advantage of by the united states moving forward. but we have to -- we emphasize as well there are three issues that were on an old agenda that had not been resolved and stood in the way of more productive relationship between the u.s. and latin america. these issues were drugs, cuba, and immigration. the first two issues were important at the summit of the americas. the report was released right before the summit of the americas. the first two issues were raised at the summit. the presidents gave a mandate to the organization of american states to study the drug issue. and also the president made it clear there would not be another summit or unlikely another summit unless there was cuban participation in the summit. those issues certain were prominent. i think the election results had interesting implications for all three of these. perhaps the most important is the last one, immigration, which was not on the summit agenda. i think it has ra
around for that. >>> coming up, new concern over popular energy products. reports the fda are investigating. >>> plus, why you might not be able to eat a twinkie or other popular treats anymore. tom kierein will be back with a look at the weekend forecast. i got it when my internet here was faster than at my office. [ male announcer ] when people switch from cable to verizon fios, there comes a moment when they get it. the difference 100% fiber optics makes. when i saw that picture, i really got it. i can enjoy the game better at home than going to the stadium. i got it when our apartment became the apartment. [ female announcer ] switch to fios for our best price online -- just $84.99 a month for a year with no annual contract or get this great price and $300 back with a two-year agreement. go to verizon.com/superoffer today. call the verizon center once you've got it, you get it. for customers with disabilities at 800-974-6006 tty/v. >>> right now, some of the nation's senior intelligence officers are answering questions about september's deadly attack on the us consulat
,000 feet into the air and could be seen 20 miles away on shore. black elk energy, the houston-based company who owns the platform, says 1 of the 22 contractors onboard, improperly used a blowtorch to cut the pipeline igniting the explosion. 11 workers were injured, medevacked to safety. four with severe burns. >> they treat us contractors as part of their family. so, when there's an incident, it hurts. >> reporter: as far as the oil spill, the coast guard says the impact is minimal because the rig was shut down at the time. >> the environmental threat, as we know, there was 20 gallons that potentially were in that 3-inch line, which would equate to approximately 28 gallons of product. >> reporter: not even enough to fill a large suv's gas tank. in comparison, bp's deepwater horizon disaster, 2 1/2 years ago, spilled enough daily to fill the gas tanks of 82,000 suvs. and just a few hours ago, two more boats actually doubled in size arrived on the scene to help with the search. which is a 40-mile, by 35-mile radius around that platform. the weather has been cooperating. there are no storms in
friday. >>> the u.s. international energy agency says the u.s. will be the top oil producer by 2017. the u.s. is in third place behind russia and saudi arabia. >>> hostess brands warning it may permanently close some of its plants if union members continue to strike. the action represents 5,000 hostess workers. that is today's david, speed read [buzzer] david: gooo work. hostess doesn't have twinkies anymore, does it? sandra: that doesn't matter. david: thank you, sandy. george lucaas is sell to the film companying to $4 billion this year may save him tens of millions of dollars of capital-gains taxes if he completes the deal before rates go up january 1st. while on a much smaller scale there are many more deals being struck before the clock strikes on a 15% capital gains rate. one of the deals is made by burt wolf whose okay again business was in his family since 1936 but he sold before the higher taxes kicked in. burt joins us now. you're thinking like a billionaire because presumably why george lucas wants to sell, right? >> if you say so. david: why are you selling? what is the
at the "national journal," covers energy and environmental issues. also the author of this great book called "the human cost of bp's rise to power," terrific book. he's an expert on all things bp which is a good thing because bp has just settled and has agreed to pay our government $4.5 billion related to this spill in the gulf. first of all mike, what do you make of it? >> it is an amazing amount of money. eric holder said yesterday it is the biggest criminal settlement in u.s. history. i think the last one was around half of that or less than half of that against the drug company. yet at the same time, there are people who say it is not enough. given the scope of this spill. in fact, one group, a public citizen yesterday said $4 billion is about 20% of bp's annual profits these days. >> oh, man. >> the government gave them five years to pay these penalties down. and now about half of that money will go back into the gulf. according to holder. for restoration efforts. >> national fish and wildlife foundation. >> rig
technological revolution has reenergize the american north american energy market and is fundamentally reshaping global politics short -- toward the traditional powers in the west rather than away from them, you think about drones, the war on terror, technology has allowed a lead foot print that is far more effective in many respects, at least at the specific task of getting bad guys without much direct involvement on the ground than anybody would ever have imagined a few years ago. it's a changing technological environment working to overturn established powered orders or to reinforce establish power orders. >> that is open to all of you. >> as you say, this is an ebb and flow and always has been, just as the american sense of one we want to intervene and when we want to pull back. whether you believe it is a 70 year cycle or in a year cycle or whatever, the technological flow goes in a much faster cycle. so in the past ten years, for sure, i think it has reinforced american power because, as you look at what president bush was doing in his second term, what president obama has doubled down on
, afghanistan/pakistan and u.s. energy policy as the six top issues. so starting with that, looking at it strategically, do you feel that those are the core issues before president obama and this administration and our country going into 2013? um, if not, what would you change, what would you add? >> i -- when i was informed by lori murray about the outcome of the process by which the world affairs councils went through and came up with those six issues, i thought you had it exactly right. i think those are the big issues, and congratulations to you. i think you have them just right. i think there is an overarching issue on top of all of them that in some sense effects and enables all of them x that is if you look at at the national security challenges and the foreign policy challenges we face, i say that the number one challenge is getting our fiscal house in order. getting a handle on the debt, getting a handle on the deficit which are critical in order to get the economy growing again and people back to work. and i think that is the over -- it's certainly the number one domestic
electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> welcome back to "hardball." the president answered questions today at his press conference for the first time on the scandal that has forced the resignation of his cia director. it took time to offer strong praise, by the way, he did, for petraeus. listen to how well he praises this guy that's just been forced to resign. i wanted to know why he did it, but first let's hear it. >> general petraeus had an extraordinary career. he served this country with great distinction, in iraq, in afghanistan, and as head of the cia. i want to emphasize that from my perspective at least, he has provided this country an extraordinary service. we are safer because of the work that dave petraeus has done. and my main hope right now is that h
in the rebuilding effort. >>> the fda is investigating the dietary supplement five hour energy after receiving reports of 13 deaths by consumers who may have used it. this does not mean the supplement played any role. however, the agency says three deaths may have preliminary link. five hour energy contains caffeine and other ingredients. >> thanks very much. >>> we'll be right back. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪
tell nbc news that two of the 28 people on board the black elk energy rig are missing. four were medevac'd out. the coast guard says now the fire has been extinguished but they cannot confirm whether there is a leak. no confirmation yet whether there are any fatalities. we will bring you more details as we get them. (splashing)... (child screaming underwater)... (underwater noises). this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. ♪ so shiny. ♪ home. [ male announcer ] black friday's back. savings start thursday at 8 pm. more electronics start at 10 pm. the first and only place to go this black friday. walmart. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their be
-altered anything, that they're willing to commit acts of terrorism. energy production. as you know, the far left seems to be oppose od to any and all forms of energy period. in the upper left period, after talk fukushima, you had people protesting nuclear power. you had angela merkel, who i actually respect immensely as the new iron chancellor of germany, she decided because of the protests to shut down nuclear power. now, she's a nuclear physicist, okay? so she really should know better. >> haven't had an earthquake -- >> yeah. or a tidal wave in a hong time. in the upper right corner you have fracking causes cancer, which is not true, and you have some guy dressed as a weasel dancing. not sure what that's about. in the left corner you have no dams. they don't want hydroelectric power. this is in patgonia in the argentinean/chilean border, so they're opposed to hydroelectric power. and you may not be able to read this, no industrial wind, capitalism still blows. he made sure he fit it in. >> it's the weasel. [laughter] >> [inaudible] >> you might actually, that might actually turn it off. >> pr
, better than expectations. cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem to be getting an effect certainly in the retail sector, in cars we know. now labor. it's going to be a couple months before this washes out, pardon the pun. >> thank you, steve leisman. simon? >>> it is a busy day, tyler. lawmakers on capitol hill have released their highly anticipated report on the collapse of mf global and jon corzine's role within that. kayla tausche has the very latest. >> simon, a year in the making that 97-page report authored by the republicans on the house oversight subcommittee hardly minces words in singling out former senator jon corzine,
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